Dr. Arokiaswamy Velumani is an Indian billionaire entrepreneur, scientist, and visionary founder of Thyrocare Technologies Ltd., a national chain of diagnostic and preventive care laboratories. His life story is an extraordinary testament to grit and self-made success, rising from a landless farmer’s son to building an industry-leading brand worth ₹3,000 crores. He is renowned for his unique ability to transform intimidating problems into entrepreneurial opportunities.
Velumani's foundation is a compelling blend of science and tenacity. After an early job loss, he spent 14 years at the Bhabha Atomic Research Centre (BARC), where he simultaneously earned his Ph.D. in Thyroid Biochemistry. In 1996, he used this expertise to set up his own thyroid testing laboratory, Thyrocare, pioneering a successful franchisee model that offered affordable, quality testing services. This focus on affordability and scale led to Thyrocare's successful IPO in 2016, which was oversubscribed by 72.86 times.
His commitment to affordable healthcare extends to his role as founder and managing director of Nueclear Healthcare Ltd., a radiology diagnostics company that offers cancer-related imaging services at half the cost of competitors. This mission-driven approach exemplifies his core belief in using business to create profound social good. He maintains expertise in Thyroid Biochemistry, Nuclear Chemistry, and Nuclear Medicine.
As a highly sought-after speaker, Dr. Velumani’s talks are often hilarious and energizing, delivering leadership mantras from his entrepreneurial journey that prove “focus gives success.” He inspires audiences, especially the youth, to tap into their potential and chart their journeys to the next level—from individual to entrepreneur, and from family member to wealth creator—with a captivating story of self-reliance and transformation.
